Translation: “We want gov. to steal owners’ property for our benefit” Airbnb Driving Up San Francisco Rents, Class Action Says – Law360

The complaint accuses Airbnb of violating California’s unfair competition law by illegally converting residential units for tourist use, which allegedly makes it more difficult for other property owners to compete. It also accuses the site of violating San Francisco’s residential hotel conversion and demolition ordinance and its residential unit conversion and demolition ordinance.

via Airbnb Driving Up San Francisco Rents, Class Action Says – Law360.

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